V2 Retail financials

·Consumer ServicesChart ›
Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹997cr+57.7% on Q1 FY26
Net profit
₹41.9cr+69.7% on Q1 FY26
EBITDA margin
14.0%+0.2 pts on Q1 FY26
EPS
₹1.15−83.9% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue997632+57.7%
EBITDA13987.2+59.9%
EBITDA margin14.0%13.8%+0.2 pts
Profit before tax51.633.3+54.9%
Net profit41.924.7+69.7%
EPS₹1.15₹7.13−83.9%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹997 crNet profit₹41.9 crNet margin4.2%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
5,668————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
6.06.09.09.44.9
25425411690.853.7
5,916————
3,4323,0671,8841,165839
—+62.8%+61.8%+38.8%—
50845525814884.0
14.8%14.9%13.7%12.7%10.0%
29427315971.116.9
17916272.027.8−12.8
5.2%5.3%3.8%2.4%−1.5%
₹4.90₹4.44₹1.98₹0.76−₹0.35
—+125.0%+159.0%+317.0%—
—−10322393.486.4
—−231−134−39.2−13.1
−334−33488.554.273.3
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

V2RETAIL₹155.44

V2 Retail Ltd.

· Consumer Services
₹ CrorePeersVMARTVMMTRENTTHOMASCOOKWESTLIFEWEWORKSMARTWORKSSAMHIMcap ₹5,668 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————5,667.9
- Cash, Equiv & ST Investments4.99.49.06.06.0
+ Total Debt53.790.8115.6253.9253.9
Enterprise Value————5,915.9
Revenue838.91,164.71,884.53,067.13,432.0
Growth %, YoY—+38.8+61.8+62.8—
EBITDA84.0147.8257.8455.5507.7
Margin %10.0112.6913.6814.8514.79
EBIT16.971.1159.2273.3293.7
Net Income-12.827.872.0162.1178.7
Margin %-1.532.393.825.285.21
EPS, Adj (current shares)-0.350.761.984.444.90
Growth %, YoY—+317.0+159.0+125.0—
Cash from Operations86.493.4223.0-103.4—
Capital Expenditures-13.1-39.2-134.4-231.0—
Free Cash Flow73.354.288.5-334.4-334.4
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

V2 Retail financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

V2 Retail (NSE: V2RETAIL) had a market capitalisation of ₹5,641 crore at the 29 October 2026 close (₹154.71 a share), a PE ratio of 31.6 on the last four quarters' profit and a price-to-book ratio of 6.25. In FY26 its consolidated net profit was ₹162 crore on revenue of ₹3,067 crore; in Q1 FY27 (April–June 2026) it was ₹41.9 crore, up 69.7% year on year. Its debt-to-equity ratio was 0.28 on 31 March 2026. Promoters held 51.43% of the shares on 30 September 2026.

Share price used
₹154.71 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026
Share price and live chart
₹154.71 · 29 Oct close

V2 Retail at a glance · consolidated

Market cap
₹5,641 Crat ₹154.71 · 29 Oct close
PE ratio (last 4 quarters)
31.634.8 on FY26 profit
Price to book (PB)
6.25book value ₹24.75 a share
ROE (FY26)
26.0%+2.8 pts vs FY25ROCE 21.2%
Debt to equity
0.28net debt ₹247 Cr
Promoter holding
51.43%unchanged vs 30 Jun 202630 September 2026
Net worth
₹902 Cr+160.6% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
−₹334 Cr
EPS (FY26)
₹4.58

Questions

What is the V2 Retail PE ratio today?

V2 Retail's PE ratio is 31.6 at the 29 October 2026 close (₹154.71 a share): a market capitalisation of ₹5,641 crore divided by consolidated net profit of ₹179 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹162 crore) it is 34.8.

What is the V2 Retail PB ratio (price to book value)?

V2 Retail's price-to-book (PB) ratio is 6.25 at the 29 October 2026 close: a market capitalisation of ₹5,641 crore divided by shareholders' equity (book value) of ₹902 crore on 31 March 2026. That is a book value of ₹24.75 per share against a share price of ₹154.71.

What is the V2 Retail net worth?

V2 Retail's net worth — shareholders' equity in its consolidated balance sheet — was ₹902 crore on 31 March 2026, up 160.6% from ₹346 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹5,641 crore at the 29 October 2026 close.

What is the V2 Retail market cap?

V2 Retail's market capitalisation was ₹5,641 crore at the 29 October 2026 close: 36.46 crore shares at ₹154.71 each.

Is V2 Retail debt free?

No. V2 Retail had borrowings of ₹254 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.28. Its cash and current investments were ₹6.6 crore, so its net debt was ₹247 crore.

What is the V2 Retail debt to equity ratio?

V2 Retail's debt-to-equity ratio was 0.28 on 31 March 2026: borrowings of ₹254 crore against total equity of ₹902 crore. A year earlier, on 31 March 2025, it was 0.33.

What is the V2 Retail ROE and ROCE?

In FY26, V2 Retail's return on equity (ROE) was 26.0% and its return on capital employed (ROCE) was 21.2%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 23.2% and ROCE 18.1%.

What is the V2 Retail shareholding pattern?

On 30 September 2026, V2 Retail's shares were held by promoters 51.43%, foreign portfolio investors (FII/FPI) 3.69%, domestic institutions (DII) 12.24% (including mutual funds at 10.61%) and retail and other non-institutional investors 32.64%. Over the year, FII holding was up 1.59 percentage points from 2.10% and DII holding was up 5.12 percentage points from 7.12%.

What are the V2 Retail latest quarterly results?

V2 Retail's latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net profit ₹41.9 crore, up 69.7% from ₹24.7 crore in Q1 FY26; revenue from operations ₹997 crore, up 57.7% year on year.

What is the V2 Retail book value per share?

V2 Retail's book value per share was ₹24.75 on 31 March 2026: shareholders' equity of ₹902 crore divided by the 36.46 crore shares in issue. The share price at the 29 October 2026 close was ₹154.71.

What is the V2 Retail promoter holding?

Promoters held 51.43% of V2 Retail on 30 September 2026, unchanged from the previous quarter and down 2.79 percentage points from 54.22% a year earlier, according to the shareholding pattern filed with NSE.

What is the V2 Retail free cash flow?

In FY26, V2 Retail generated ₹103 crore of cash from operations and spent ₹231 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹334 crore. In FY25 it was ₹88.5 crore.

What is the V2 Retail EPS?

V2 Retail's basic earnings per share (EPS) were ₹4.58 in FY26.

What is the V2 Retail revenue and profit in FY26?

In FY26 (April 2025–March 2026), V2 Retail's consolidated net profit was ₹162 crore, up 125.0% from ₹72 crore in FY25, on revenue from operations of ₹3,067 crore (up 62.8%).

When are the V2 Retail next results?

V2 Retail will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, the date of the board meeting it has notified to the exchanges.

How does V2 Retail compare with its peers?

On FY26 consolidated figures, against V-Mart Retail, Vishal Mega Mart and Trent: V2 Retail's operating margin of 8.9% is the third highest of the four (V-Mart Retail 5.7%, Vishal Mega Mart 9.4%, Trent 11.5%; peer average 8.9%); its return on equity of 26.0% is the second highest of the four (V-Mart Retail 14.1%, Vishal Mega Mart 12.2%, Trent 27.6%; peer average 18.0%).

How does the V2 Retail PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, V2 Retail's PE ratio is 34.8, the lowest of the four: V-Mart Retail 47.7, Vishal Mega Mart 48.3 and Trent 88.7, a peer average of 61.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.

V2 Retail vs V-Mart Retail: how do they compare?

In FY26, V2 Retail earned net profit of ₹162 crore on revenue of ₹3,067 crore, against ₹124 crore on ₹3,789 crore for V-Mart Retail. V2 Retail's operating margin was 8.9% (V-Mart Retail 5.7%) and its return on equity 26.0% (V-Mart Retail 14.1%). At the 29 October 2026 close, V2 Retail's market capitalisation was ₹5,641 crore against ₹5,914 crore for V-Mart Retail, and its PE ratio on FY26 profit 34.8 against 47.7.

Where do these V2 Retail figures come from?

From V2 Retail's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.